Eusider Acquires Majority Stake in Snar Laminati from Giordani Family
Deal News | Feb 04, 2025 | Legal Community Italy
Eusider, a company specializing in steel transformation and preprocessing, has successfully acquired a majority stake in Snar Laminati from the Giordani family. Snar Laminati, based in Cellatica, Italy, is known for its production of cold-rolled special steels. The acquisition saw a host of legal and financial advisors representing both sides. L&B Partners Avvocati Associati, with a team led by partner Marco Garavelli, provided legal support to Eusider. Bca Avvocati addressed labor issues with lead partner Simone Carr and senior associate Laura Corbeddu, while Bnc managed accounting and tax matters, guided by partner Riccardo Rapelli. The Giordani family, assisted by Lca studio legale and Athena Associati, was represented for legal matters by Marina Rosito and for M&A and financial themes by Luca Lupone and team.
Sectors
- Steel Manufacturing
- Legal Advisory
Geography
- Italy – The entire transaction and all involved parties, including Eusider, Snar Laminati, and the legal advisors, are based in Italy.
Industry
- Steel Manufacturing – The article involves Eusider and Snar Laminati, both operating within the steel industry. Eusider is active in steel transformation, while Snar Laminati specializes in cold-rolled special steel production.
- Legal Advisory – Multiple law firms provided legal and financial advice during the acquisition, highlighting the importance of legal advisory in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eusider | Bidding Company | Company | Eusider is a company specializing in the transformation and preprocessing of steel, acquiring a majority stake in Snar Laminati. |
| Snar Laminati | Target Company | Company | Snar Laminati, based in Cellatica, Italy, is a company specializing in the production of cold-rolled special steels. |
| Family Giordani | Selling Company | People | The Giordani family sold their majority stake in Snar Laminati to Eusider. |
| L&B Partners | Legal Advisor to Eusider | Company | L&B Partners Avvocati Associati provided legal advisory services to Eusider in the acquisition. |
| Bca Avvocati | Labor Advisor to Eusider | Company | Bca Avvocati handled giuslavoristici (labor law) aspects for Eusider. |
| Bnc | Accounting and Tax Advisor to Eusider | Company | Bnc provided accounting and tax expertise to Eusider for the acquisition process. |
| Lca studio legale | Legal Advisor to Selling Company | Company | Lca studio legale advised the Giordani family on corporate and labor legal matters. |
| Athena Associati | M&A and Financial Advisor to Selling Company | Company | Athena Associati provided M&A and financial advisory services to the Giordani family. |